Business / Technology reports 58% revenue growth

(Xinhua) Updated: 2016-03-02 14:48 reports 58% revenue growth

Employees work at a logistic centre in Langfang, Hebei province, November 10, 2015.[Photo/Agencies]

BEIJING -, China's second-largest e-commerce company, reported a 58-percent growth in its net revenue in 2015.

The company's total revenue was 181.3 billion yuan ($27.8 billion) last year, while net losses ballooned from five billion yuan in 2014 to 9.4 billion yuan ($1.4 billion) in 2015, it said in financial results published on Tuesday.

The total value of merchandise transactions on was 462.7 billion yuan, up 78 percent. In 2015, JD had 155 million active users, a year-on-year growth of 71 percent.'s net loss was mainly made in the fourth quarter, when it shut down, its online customer-to-customer (C2C) marketplace that was rife with fake goods.

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